SNR Educational Budget: Fall, Spring, & Summer
||$422.00 per credit
|Student Fee (Coop, DC37, Rosa Parks John Cardinal O’Connor & Brooklyn, NR,YO) - 9 credits or more
|Student Fee - 9 credits or less
|Studnet Fes - summer
||$300.00 per credit
|Prior Learning Portfolio Evaluation
Financial Aid Eligibility Requirements: The College of New Rochelle financial aid eligibility requirements are designed to comply with Federal, State, and Institutional regulations pertaining to the maintenance of minimum levels of academic pursuit and progress. These academic eligibility requirements for financial aid purposes are available in the Dean’s Office. In general, a student deemed to be in good academic standing will meet the College guidelines for Federal, State and Institutional financial aid eligibility.
Financial aid workshops will be held prior to and during registration periods. At these workshops students are assisted in the steps necessary to complete financial aid FAFSA on-line as required through BANNER.
The Financial Aid Counselor will consider each student for financial aid on the basis of a need analysis of the applications for aid. Each student will receive a financial aid award letter through Banner Self Service; they will be notified via email to log into their student account to view their Award Letter. The Award Letter is an ESTIMATE of their aid that they will recieve. The student is expected to review Banner Self Service for all important messages and updates from Financial Aid regarding the status of their aid and any missing or required documentation. Aid will not post if the required documentation is not presented to their Financial Aid Counselor or the Verification Office.
While every effort will be made to ensure the proper handling of all financial aid paper work, students must take responsibility for their financial aid. It is the student’s responsibility to see that all correspondence with an external funding agency is submitted to the appropriate office so that his/her account can be credited properly. Therefore, students are encouraged to make frequent checks with their Financial Aid Counselor to follow up on all of their aid. The College cannot be responsible for each student’s aid. The student must monitor their account at Banner Self Service all important messages and updates will be posted there per individual student.
Financial Aid Programs
Financial aid packages for the students in the School of New Resources consist of four programs:
- Need-Based Aid is awarded to matriculated students who demonstrate financial need. Awards are made in the form of Tuition Assistance Program Grants (TAP), Federal Pell Grants, Federal Supplemental Educational Opportunity Grant (SEOG), Federal College Work/Study, and Federal Direct Loans, and where possible a College Grant in the amounts or combinations necessary to satisfy the student’s financial need. Financial need is determined by subtracting the estimated family contribution (EFC) from the anticipated education expenses.
- Family Reduction Grants can be awarded to students who have other members of the family (dependent on the same income) concurrently enrolled at the College. This grant is $100 per full-time semester and $50 if the student is taking at least 6 credits. All family members concurrently enrolled receive the same amount. Students receiving need-based aid must have this aid included in their financial aid packages; their other assistance will be adjusted accordingly.
- Financial Agreement with DC 37
Paraprofessional Students: There is no personal liability for para courses because the Union Education Fund pays for them. Any Pell Grant for which para students are eligible goes directly to the student as a financial aid refund. (Para students taking 12 or more credits must list their tuition remission as “other educational aid” on the TAP application.)
Paraprofessional/Evening Students: Paras taking credits in both the Para Program and Evening Program have identical tuition liability for evening credits as do evening students. They must apply for financial aid. Here again, paras must list their tuition remission as “other educational aid” on the TAP application.
Retiree Students are not billed except for the Prior Learning Portfolio. However, they must apply for financial aid. Any charges beyond external aid are balanced by CNR Contractual Grants.
Evening Students must apply for financial aid. Any charges beyond external aid are the personal liability of the student up to a ceiling amount that is established at the start of the Fall semester. If any tuition charges remain, a CNR Contractual Grant will be awarded for the balance, then other Financial Aid is considered.
Application Procedures: Free Application for Federal Student Aid (FAFSA).
Selection of the Recipients and Allocation of Awards
The applicant must:
- be in financial need to the extent that without the grant award the student’s education could not be continued;
- be enrolled as a matriculated student taking at least six credits;
- not be in default of a Federal Loan, or Federal Perkins Loan or owe a grant repayment to a prior institution or the Department of Education
- if their is instituional funding available
Rights and Responsibilities: The student must continue to make satisfactory academic progress.
Application Procedures: Application is made through the College Financial Aid Office and requires a Free Application for Federal Student Aid (FAFSA)
Selection of Recipients and Allocation of Awards: Awards are granted to full-time (12 credits) and part-time (6-11 credits) students who demonstrate financial need and suitability for the work program.
Award Schedule: The hourly rate of pay is consistent with the Department of Labor’s minimum wage scale.
The College of New Rochelle Employee Tuition Remission
Application Procedures: Faculty and staff members seeking tuition remission must file a remission application with the Department of Human Resources and must also file for financial aid with the Financial Aid Office.* All applications must be received in the Department of Human Resources and Financial Aid Office prior to registration. Filing for financial aid and tuition remission is an annual process. All fees are the responsibility of the student/employee, federal and state aid is applied then the employee waiver is calculated for the difference remaining for tuition.
* The Financial Aid Counselor will require all applicants for a tuition waiver to complete a FAFSA and any other supporting documentation as required if their record is selected for Federal Verification.*
Selection of Recipients and Allocation of Awards: After one year of continuous full-time employment, faculty and staff meeting admission requirements may take courses on a matriculated basis in any of the College’s four schools with a tuition stretch-out plan as long as the employee remains employed in good standing. After two years of continuous full-time employment, faculty and staff meeting admission requirements may take courses on a matriculated basis in any of the College’s four schools, with tuition remission based on the individual school packaging policy.
Dependent children of faculty and staff with one-year of continuous full-time employment, when admitted, may take courses on a matriculated basis in the School of Arts & Sciences and the generic undergraduate program in the School of Nursing, with one-half tuition remitted.
The tuition waiver covers tuition only, and will be calculated after deducting all other financial aid available to the student. Students cannot be in default of an educational loan and receive this waiver. All other fees are the responsibility of the student and family and must be paid in full prior to registering for the next term.
In order to receive tuition remission an employee (student) must be actively working and must be in good academic standing in accordance with School policy. Tuition remission will be provided only once per course. Repeat courses and non-credit courses are not eligible for tuition remission. If an employee (student)drops a course with tuition liability the employee is financially responsible for the tuition balance as described in the School catalogue. Students that are in default of a loan cannot receive this employment benefit.
Tuition Assistance Program (TAP)
Application Procedures: Applicants must apply annually to the New York State Higher Education Services Corporation (HESC). Applicants must apply through the Free Application for Federal Student Aid (FAFSA). New York State will mail each student a pre-printed application for TAP. This application needs to be completed and returned to the State. The application deadline for the academic year is June 30, 2018. The Higher Education Services Corporation determines the applicant’s eligibility and mails an award certificate directly to the applicant indicating the amount of the grant.
Selection of Recipients and Allocation of Awards: The Tuition Assistance Program is an entitlement program. There is neither a qualifying examination nor a limited amount of awards.
The applicant must:
- be a New York State resident and a U.S. citizen or permanent resident alien;
- be enrolled full-time and matriculated at an approved New York State post-secondary institution;
- have, if dependent, a family net taxable income below $80,001, or if independent and single with no tax dependents, a net taxable income below $10,001. This income measure is adjusted to reflect the family’s support from divorced or separated parents. This income is further adjusted to reflect other family members enrolled full-time in post-secondary study;
- have a high school diploma or a GED.
Part-Time Tuition Assistance Program (TAP)
Part-time students at approved schools in New York State who were first-time, full-time freshman in 2006-07 may be eligible for Part-Time TAP to help them pay for college beginning in 2007-08. Part-Time TAP is a grant and does not have to be paid back! Part-Time TAP is not the same as Aid for Part-Time Study.
To be eligible for Part-Time TAP, a student must:
- Be a first time freshman in the 2006-07 academic year or thereafter;
- Have earned 12 credits or more in each of the two consecutive semesters, for a minimum total of 24 credits earned;
- Maintain a minimum of a “C” or average
In addition, the student must:
- Be a United States citizen or eligible noncitizen;
- Be a legal resident of New York State;
- Have graduated from high school in the United States, or earned a GED, or passed a federally approved “Ability to Benefit” test as defined by the Commissioner of the State Education Department
- Be matriculated in an approved program of study and be in good academic standing
- Be charged at least $200 tuition per year
- Be taking 6-11 credits per semester
- Not be in default on a student loan guaranteed by HESC and not be in any repayment of state awards.
The current definition of independent status is as follows:
- 35 years of age or older on June 30, 2017
- 22 years of age or older on June 30, 2017 and not:
- resident in any house, apartment, or building owned or leased by parents for more than two consecutive weeks in calendar years 2014, 2015, or 2016;
- claimed as a dependent by parents on their Federal or State income tax returns for 2014, 2015, or 2016;
- be the recipient of gifts, loans, or other financial assistance in excess of $600 from parents in calendar years 2014, 2015, or 2016;
- under 22 years of age on June 30, 2017, and meeting all other requirements of (2) above, and in addition be able to meet at least one of the following requirements:
- both parents deceased, disabled, or incompetent;
- receiving public assistance other than Aid to Dependent Children (ADC), or food stamps;
- ward of a court;
- unable to ascertain parents’ whereabouts;
- unable, due to an adverse family situation, to submit parents’ income;
- married on or before December 31 of the year preceding the academic year for which application is made.
Award Schedule: The amount of the TAP is scaled according to level of study, tuition charge, and New York State net taxable income.
Medical Part-Time Tuition Assistance Program (TAP)
Application Procedures: Applicants must apply annually to the New York State Higher Education Services Corporation, through the College’s Financial Aid Counselors. Two applications are needed: (1) Free Application for Federal Student Aid and (2) Affirmation of Disability form. New York State will send each student a pre-printed application which must be completed and returned to the State.
Selection of Recipients and Allocation of Awards: TAP is an entitlement program. There is neither a qualifying examination nor a limited number of awards. The applicant must:
- be a New York State resident and a U.S. citizen or permanent resident alien;
- have, if dependent, a family net taxable income below $80,001, or if independent and single with no dependents, a net taxable income below $10,001;
- accumulate 12 credits in part-time attendance;
- be in good academic standing.
Award Schedule: Same as Tuition Assistance Program (TAP).
Rights and Responsibilities of Recipients: Terms of less than full-time attendance are collected. When 12 or more credits accumulate, an award will be issued based on the financial information report to TAP for that term. A TAP application must be sent to TAP for each academic year of part-time attendance.
Regents Awards for Children of Deceased Police Officers, Firefighters & Corrections Officers
Application Procedures: A special application, obtainable from a high school principal or counselor, must be filed with the New York State Higher Education Services Corporation (HESC), Albany, NY 12255. Documentary evidence to establish eligibility is required with the application. For more information call 518-474-8615
Selection of Recipients and Allocation of Awards: The applicant must be a resident child of a resident police officer, firefighter or a corrections officer of New York State, or any of its municipalities, who died as the result of an injury sustained in the line of duty. Individuals eligible for the Regents Award for Children of Deceased State Corrections Officers and State Civilian Employees of a Correctional Facility are not eligible for this award.
Award Schedule: The amount of the award is $450 per year, for up to five years, depending on the normal length of the program of study, of full-time study in a college or in a hospital nursing school in New York State. If the sum of this award and a TAP award exceeds tuition and required fee charges, the TAP award is reduced.
Responsibilities of Recipients: To receive payment, the scholarship holder must, each year, file a special Supplemental Application and Free Application for Federal Student Aid. Recipients must be in good academic standing in accordance with the Commissioner’s Regulations, and must not be in default of a loan guaranteed by the New York State Higher Education Services Corporation. A statement of good academic standing which is established by each institution in accordance with Commissioner’s Regulations is found in the Academic Standards section which follows.
State Aid to Native Americans
Application Procedures: Application forms may be obtained from the Native American Education Unit, New York State Education Department, Albany, NY 12234. The completed application form should be forwarded by the applicant to the Native American Education Unit together with the following materials:
- official transcript of high school record or photostat of General Equivalency Diploma;
- letter(s) of recommendation from one or more leaders in the community, attesting to personality and character;
- personal letter, setting forth clearly and in detail, educational plans and desires;
- signatures of parents of minor applicants, approving education plans;
- official tribal certification form;
- copy of acceptance letter from the college at which attendance is anticipated.
Selection of Recipients and Allocation of Awards: The applicant must:
- be a member of one of the Native American tribes located on reservations within New York State;
- have graduated from an approved high school, or have earned a General Equivalency Diploma, or be enrolled in a program in an approved post-secondary institution leading to a degree-credit status and the General Equivalency Diploma;
- be enrolled in an approved post-secondary institution in New York State. State Aid to Native Americans is an entitlement program. There is neither a qualifying examination nor a limited number of awards.
Award Schedule: The award is $1,350 per year for a maximum of four years of full-time study for students registered for a minimum of 12 credit hours per semester. Students registered for less than this number will be funded at approximately $56 per credit hour.
Rights and Responsibilities of Recipients: Students are responsible for notifying the Native American Education Unit in writing of any change in student status, program, or institutional employment: Native American Education Unit, New York State Education Department, Albany, NY 12234.
Application Procedures: Handicapped persons may obtain a list of local offices of Vocational and Educational Services for Individuals with Disabilities (VESID) from VESID, New York State Education Department, Albany, NY 12230.
Selection of Recipients and Allocation of Awards: Any disabled person, with a substantial employment handicap, who can become employable within a reasonable period of time may be eligible. VESID serves those having any physical, emotional, or mental disability except blindness.
The legally blind are served by the Commission for the Blind and Visually Handicapped, State Department of Social Services, 40 North Pearl Street, Albany, NY 12243.
Eligible applicants may receive counseling, medical examinations and other evaluation services, physical restoration services, as well as instruction and training, including that provided by institutions of post-secondary education.
Clients are asked to share the expense, based upon State standards, of some of the services provided, such as college or university expense, to enable the client to attain his/her vocational objectives.
The Readers’ Aid Program
The Readers’ Aid Program is to provide payment of readers, note takers and interpreters for students who are blind or deaf and matriculated in an institution of higher education.
Guidelines for Program Eligibility and Administration
Section I: Eligibility
In order to be eligible for the program, the student must:
- be a legal resident of New York State;
- be legally blind or deaf. Legally blind is defined as 20/200 in the better eye with best correction.
Deaf is defined as:
- a severe to profound impairment of the sense of hearing. A person who is deaf cannot understand speech with or without amplification. Such a person relies primarily on visual communication, such as facial expressions and lipreading, manual communication, gestures, writing, and reading,
- a speech discrimination less than 70 percent. Speech discrimination would be determined by a phonetically balanced (PB) word list. The PB list should be administered at the maximum comfort level (MCL),
- at least a pure tone average (PTA) of 50 dB loss in the better ear. PTA is determined for each ear by computing the average of the pure tone threshold at 500 Hz, 1000 Hz, 2000 Hz. For example, if the thresholds are 60 dB at 500 Hz, 80 dB to 1000 Hz, and 90 dB at 2000 Hz, the pure tone average would be:
||60 + 80 + 90
||+ 2330 = 77dB;
- be matriculated in an institution of higher education authorized by law to grant degrees, and if in New York State, approved by the New York State Board of Regents.
Section II: Amount and Authorized Use
A stipend, of not more than $500, is made available during each half of the academic year for a total of $1,000 for employment of persons to read to a student of a degree granting institution who is blind or to take notes or interpret for a student who is deaf.
Readers’ Aid payments are made directly to The College of New Rochelle for the students. Readers, note takers and interpreters are paid by the College from these funds upon receipt of bills approved by the students.
Readers’ Aid funds cannot be used for tuition, maintenance fees, guide services, textbooks, equipment or supplies. Readers, note takers and interpreters cannot be members of the student’s family without requesting or justifying the need in writing.
Section III: Students’ Responsibilities
- Students must make a separate application to the institution for each semester for which Readers’ Aid is desired. Application forms are available at the CNR Financial Aid office, district offices of the Commission for the Blind and Visually Handicapped (CBVH), and district offices of VESID.
- A student’s first application for Readers’ Aid must be on the standard application form and submitted after school registration. It must be accompanied by either a medical eye report from a certified ophthalmologist or certification of legal blindness by CBVH, or an audiogram from an otologist or a licensed audiologist indicating air and bone conduction thresholds. These materials should be sent to the college.
- Reapplications may be made by completing another application form or submitting a written request to the institution, after registration. The reapplication should identify the institution, the semester, and the number of credit hours currently registered.
- Applications for the fall semester (or the first half of the year) must be received at the institution by September 30, and for the second half of the year by February
- Application and inquiries can be made at the Office of the Vice President for Student Services.
Academic Standards for Financial Aid
In addition to financial eligibility, students must satisfy certain academic standards in order to be eligible for financial aid. In order to receive any form of Federally funded aid - Direct Loans, Perkins Loans, Pell Grants, SEOG, CWSP - students must be in good academic standing as defined by the College’s academic standing policies. The academic standing policies are set forth in the academic section of this catalog.
Students who do not maintain these averages are given a semester of probation, during which they can receive financial aid. If the student’s average is not raised by the end of that semester, or the number of credits earned is not sufficient, the student will lose his/her eligibility to receive financial aid. Please see the Academic Standing section of this catalog for further details.
New York State Programs
The standards for State aid eligibility fall into two areas: Program Pursuit and Satisfactory Academic Progress.
Program Pursuit requires that a student must complete a minimum number of courses each semester. A completed course is defined as a course for which a passing or failing grade is received. In the first and second semester, a student must receive a passing or failing grade in 50 percent of the courses that he/she has started, based on a 12-credit load. In the third and fourth semesters, the figure is 75 percent, and in the fifth through eighth semesters, a student must receive a passing or failing grade in 100 percent of his/her courses, and maintain a 2.0 cumulative grade point average. A passing or failing grade is one that indicates that the student has attended the courses for the entire semester and completed all assignments. Grades that indicate official or unofficial withdrawal from courses do not meet the passing or failing grade definition. If the student does not meet these standards, he/she will lose his/her eligibility for State-funded financial aid.
Satisfactory Academic Progress is measured by the number of cumulative credits for which passing grades have been received and the minimum cumulative grade point average achieved. A grade point average is arrived at by multiplying all the course credits attempted by the grade received. This sum is then divided by the number of course credits attempted. The figure arrived at is the average. The grade point average is computed and recorded on students’ grade reports.
A student who is not able to meet these standards may receive a waiver when there are both extenuating circumstances and a reasonable expectation that their grades can be brought up to the requirements. In all cases, students are eligible for one waiver of these academic standards to be granted for financial aid eligibility. The waiver, if granted, will permit a student to receive all of his/her financial aid for that semester. The waiver may be used once only. A student who loses eligibility for State aid due to his/her inability to meet academic requirements may still attend the College through his/her own resources, but will be unable to receive any State financial aid assistance.
If a student can bring his/her grades up to the required standards during a semester while on a waiver or by paying for his/her own education, he/she can regain all financial aid eligibility.
Waivers are not automatic and are only intended to accommodate extraordinary or unusual cases, and if there is a reasonable expectation that the student will meet future requirements. Waivers are granted by the Dean of the School or her/his designate. Students denied a waiver may appeal the decision by writing a letter of appeal stating reasons why the denial is inappropriate. The appeal should be processed through the student’s academic counselor/advisor. The academic counselor will forward the appeal to the Dean of the school.
All schools at the College have course registration for the following semester prior to submission of the current semester’s grades. Because these grades are a factor in financial aid eligibility requirements, some students may be informed by their academic counselor that they will be ineligible for financial aid after they register for that new term. Any students so informed will be permitted to pay for their own educational costs or withdraw without charge.
It should be noted that the academic criteria for State financial aid are established as minimum levels. Meeting these requirements may still not be sufficient for admission or continued enrollment at the College.
Please Note: Academic eligibility for part-time TAP and for partial payment of regular TAP in Summer terms, as defined by Commissioner’s regulations, is calculated as one half a semester for the purposes of the chart below. Two such terms are equivalent to one payment period (semester) on this chart.
|PROGRESS STANDARDS FOR UNDERGRADUATES
|End of Semester:
|Grade Pt. Avg.:
|PURSUIT STANDARDS FOR UNDERGRADUATES
|End of Semester:
|Percent of Finished Courses:
Four-year program baccalaureate students are eligible for a maximum of eight full terms of TAP.
Federal Pell Grants
Application Procedures: Application is made through the Free Application for Federal Student Aid (FAFSA). Based upon this information, the amount of the applicant’s award is determined by the College. Upon enrollment, funds are credited to her institutional account. The Pell Grant Program is an entitlement program. Scholastic accomplishment has no bearing on eligibility, but the student must maintain satisfactory academic progress for financial aid.
Selection of Recipients and Allocation of Awards: The applicant must be enrolled as an undergraduate student in an approved post-secondary institution and must need financial assistance to continue her education.
Financial need is determined by a formula applied to all applicants. It was developed by the U.S. Office of Education and is reviewed annually by Congress. The family contribution is calculated by this formula. The lower the family contribution, the higher the Pell Grant will be.
Federal Pell Grants are awarded for the period normally required to complete a first baccalaureate degree.
Award Schedule: Current awards range up to $5,920. The amount of the award will be affected by costs of attendance and full- or part-time enrollment status. The Federal Pell Grant is not duplicative of State awards. Pell is limited to 12 full time semesters of July 1, 2012.
Rights and Responsibilities of Recipients: The student must continue to make satisfactory academic progress in the program in which she is enrolled. The student must not owe any refunds on Pell Grants or other award paid, or be in default on repayment of any student loan used to attend CNR or any other institution.
Federal Supplemental Educational Opportunity Grants (SEOG)
Application Procedures: Application is made through the College’s Financial Aid Office, which is responsible for determining who may receive a Federal Supplemental Grant, as well as the amount.
Selection of Recipients and Allocation of Awards: The applicant must be:
- in financial need, to the extent that without the Supplemental Grant her/his education could not be continued;
- enrolled at least half time as an undergraduate student in an approved post-secondary institution;
- be a Pell recipient.
Students who satisfy these conditions and who have the lowest family contributions will be awarded SEOG funds from the SEOG pool apportioned to the College. Each year, the College will determine an expected family contribution (EFC) threshold, based on historical and other relevant data. Students whose EFC is below that threshold who meet the conditions in the above paragraph will be awarded SEOG funds, and students whose EFC is above that threshold will not be awarded SEOG funds. If, during the course of that year, it appears that SEOG funds may be available after all students at that threshold have been awarded this aid, the College may increase the EFC threshold. The initial EFC threshold used in determining a first selection category for awarding SEOG funds is $3,000, and it is expected that no SEOG funds will be left over for non-Pell Grant eligible students. However, should there be SEOG funds left over after awards to Pell Grant eligible students are made, such funds will be awarded to non-Pell Grant eligible students with the lowest expected family contribution.
Award Schedule: The award ranges from $100 to $2,000.
Rights and Responsibilities of Recipients: The student must continue to make satisfactory academic progress.
Federal Perkins Loan Program: This program is closed as of September 2017 we are not awarding any Federal Perkins loans for the 2017-18 award year.
Federal College Work-Study Program (CWS)
Application Procedures: Application is made through the College Financial Aid Office.
Selection of Recipients and Allocation of Awards: Work is available to students enrolled at least half time.
College Work-Study funds can be awarded to students with remaining unmet need.
The College ordinarily will award Federal Work-Study funds to students who meet the “exceptional need” criteria. The College will award the funds based on either the statement of preference on financial aid application or a personal interview with a Financial Aid Counselor.
The applicant must: (1) be a U.S. citizen or eligible noncitizen; (2) be enrolled in an undergraduate, graduate or first-professional program as a matriculated student at an institution participating in the federal campus-based programs; (3) not be in default or refund status for any federal Title IV aid at any institution; (4) if applicable, be registered with the Selective Service; and (5) demonstrate financial need.
The College makes employment reasonably available to all eligible students in the institution who are in need of financial aid and are suitable for the work program. In the event that more students are eligible for CWS than there are funds available, preference is given to students who have greater financial need and who must earn part of their educational expenses.
The College arranges jobs on campus for up to a maximum of 30 hours per week. Factors considered by the Financial Aid Office in determining whether and how many hours the applicant may work under this program are: financial need, class schedule, academic progress, health status, and employment skills. Minimum salary level is the Department of Labor’s minimum wage scale.
Rights and Responsibilities of Recipients: Satisfactory academic progress must be maintained.
Federal Direct Student Loan Program
The College participates in the Federal Government’s Direct Lending Program.
Application Procedures: Application is made through the College Financial Aid Office; where forms are available or on-line to complete the Master Promissory Note and the required Entrance Loan Counseling at www.studentloans.gov.
Selection of Recipients and Allocation of Awards: To be eligible for a Federal Direct Student Loan, a student must be:
- a U.S. citizen or permanent resident alien;
- enrolled in or admitted as a matriculated student, on at least a half-time (six-credit) basis;
- not be in default or refund status for any federal Title IV program at any institution;
- have been determined to be eligible or ineligible for a Pell Grant;
- if applicable, be registered with the Selective Service;
- have a Social Security number;
- demonstrate financial need;
- complete the REQUIRED LOAN COUNSELING at www.studentloans.gov
Loan funds may not be disbursed earlier than ten days before the first day of classes. However, the first installment of a loan to any student who is entering the first year of a program of undergraduate study at CNR, who has not previously received a loan, may not be disbursed earlier than 30 days after the start of classes. Two-semester loans will be disbursed separately for each semester in two parts. Single-semester loans will also be disbursed in two parts.
Award Schedule: The student may borrow up to $3,500 as a freshman and $4,500 as a sophomore and $5,500 in each remaining undergraduate years, with total borrowing limited to $23,000 for undergraduate study.
150% Rule effective July 1, 2013: new borrowers are subject to a time limit for loan borrowing. It is limited to 12 full time semesters.
Rights and Responsibilities of Recipients: There are two types of Federal Direct Loans, subsidized and unsubsidized. Federal Direct Subsidized Loans are subsidized, meaning that no interest must be paid on the loan while the student is in school.Additional payment deferrals are available. For further information, contact the College. Repayment begins after the student leaves school or drops below half-time enrollment in any semester. The interest rate is a variable rate, adjusted annually based on the 91-day Treasury bill plus 3.1% with a cap of 8.25%. The loans are subject to an origination and insurance fee. These fees will be subtracted from the amount that is actually credited to the student’s college account; however, the student will be responsible for repayment of the full amount borrowed.
The loan will be divided into at least two parts even if the loan is for only one semester. Students may choose one of four repayment options: the standard 10-year repayment schedule, the extended plan, which requires fixed payments over a 12-to-30 year repayment schedule, the graduated plan, which requires smaller payments initially and larger ones in succeeding years, and the income contingent plan, under which loans are paid back as a portion of a borrower’s income.
Students who have previously signed a promissory note at CNR for either a Subsidized or Unsubsidized Direct Loan will not be asked to sign an additional note. Promissory notes are valid for ten years; if the MPN expires you will be required to sign a new MPN for future disbursements. Students will be notified of their loan eligibility by a financial aid award letter.
Federal Direct Unsubsidized Loan terms and conditions are the same as the Subsidized Loan, except the student is responsible for interest payments while in school and during deferment periods. The accrued interest may be paid or capitalized, that is, the interest which should be paid can be added to the original amount of the loan.
Please go to www.studentloans.gov for comprehensive information on all Direct Loans.
EXIT COUNSELING/Interview: www.studentloans.gov
All recipients of a Federal Direct Loan who withdraw, drop below six (6) credits, or graduate must complete an Exit Counseling session on the web at www.studentloans.gov. During this counseling, students will be able to view thier loan history and learn about deferral and repayment options.
Repayment: The repayment of Direct Loans begins six (6) months after a student graduates or drops below half-time matriculated status. The amount of the monthly repayment is calculated based upon the total amount that has been borrowed, as well as the repayment plan selected. Visit www.studentloans.gov and click on the link “Repayment Plans and Calculatiors” to learn more.
Federal Parents’ Loans for Undergraduate Students (PLUS)
Application Procedures: All Federal Parent Plus Loan information and the application can be obtained at www.studentloans.gov.
Selection of Recipients and Allocation of Awards: To be eligible for a PLUS loan, a parent must be:
- a U.S. citizen or permanent resident alien;
- the natural or adoptive parent or guardian of a dependent full-time undergraduate student.
Award Schedule: The maximum annual borrowing amount is the total cost of education less any financial aid that the student is receiving. In order to receive this aid the parent must submit a PLUS application online at www.studentloans.gov. Parents can be denied access to a PLUS due to adverse credit histories. Tardiness in paying bills is not considered an adverse credit history.
Rights and Responsibilities of Recipients: An origination fee of 4.272% will be assessed. The interest rate is based on the 52-week Treasury bill plus 3.1% and adjusted annually. The interest rate is capped at 9%. Repayment begins shortly after disbursement of the check. Deferments are based on the parent’s in-school status not the student’s.
Federal Verification Guidelines
Deadlines: The deadline for submitting all financial aid forms to the College is 90 days after the last day of attendance.
Failure to Provide the Required Documentation: If the student does not supply the necessary documentation within the deadlines stated above, that student:
- forfeits a Pell Grant for the award year,
- forfeits receipt of a Federal Direct Loan for the award year,
- forfeits payment of Federal College Work-Study, Federal Perkins Loan, and/or Federal Supplemental Educational Opportunity Grant for the award year.
Any student aid award forfeited because of a failure to submit verification documentation will be the responsibility of the student. Any balance due the College is the responsibility of the student.
Award Changes: If verification requires any changes to the “family contribution” and the amount of financial aid that a student is eligible to receive, that information is communicated to the student via a revised award letter.
Corrections: If the verification process indicates that the student financial aid forms are incorrect, those corrections are made electronically and the student will receive a revised award letter.
Completed verification will not be communicated to the student other than the posting of their financial aid to their account at the College.
For standard verification, the following items on the family Federal Tax Transcript and on the Verification Worksheet, must be checked by the College: adjusted gross income, U.S. income tax paid, number of family members in the household, number of family members (excluding parents) in post-secondary institutions as at least half-time students, untaxed income, and citizenship status. Additional documentation could also be requested.
Adjusted Gross Income and U.S. Income Tax Paid: Documentation needed is the latest IRS Tax transcript. The IRS Tax Transcript can also be requested at www.irs.gov or call 800-908-9946.
Verification of Household Size and Number in a Post-Secondary Institution for an Independent Student: Completion of “Verification Worksheet” with the applicant, applicant’s spouse, applicant’s children, if the applicant provided at least half of the children’s support, applicant’s unborn children, if the children will be born during the award year and the applicant will provide at least half of the children’s support, other persons, if they receive more than half of their support from the applicant’s parents and at the time of application they lived with the applicant’s parents.
The household members are considered attending a post-secondary institution if they are enrolled as at least half-time students.
There are four separate but related calculations that the College must make in order to be in compliance with Federal regulations governing financial aid. The first is the implementation of the College’s refund policy for students who drop classes during the refund period. The second is the definition of a “census day” used for determining a student’s enrollment status for financial aid eligibility. The third is the calculation of federal aid to be returned when a student withdraws completely from the College. The fourth is to determine if the student received too much in cost-of-living refunds.
College’s Refund Policy
The College’s refund policy calls for an adjustment of tuition, and resident-hall room and board according to a schedule indicated below. Students may apply for and receive a refund of their tuition charges upon completion of a registration withdrawal or adjustment form. If the course is dropped and an application for refund is filed with the Registrar prior to the first day of the semester, there will be a 100% refund of tuition and resident hall room and board. If the course is dropped and the application is filed with the Registrar during the first three weeks of classes, the student may receive a percentage of tuition, and resident hall room and board according to the schedule below. All schools use the same schedule, and it applies to all registrants, including those who are permitted to register late. In the event of canceled courses, 100% of tuition will be refunded.
||Fall & Spring Semesters
|Before the 1st day of the semester
|During the 1st week
|During the 2nd week
|During the 3rd week
The census day for financial aid is right after the tuition refund period ends, which is the third week during the fall and spring, and first week during the summer terms. This is the day upon which all federal financial aid is based.
Return of Federal Aid
If a student withdraws completely from the College, before 60% of the semester has elapsed, and is a Federal Aid recipient, the College must calculate the amount of Federal aid to be returned. This amount is calculated by dividing the number of calendar days that the student was in attendance by the number of calendar days in the semester. This includes the exam period and weekends, but does not include official vacation periods that exceed 10 days.
The reciprocal percent (the portion of the semester that the student was not in attendance) is then multiplied by each type of Federal Aid to determine the amount to be returned to the Federal government. No calculation is required if the student withdraws after 60% of the semester is completed. This Federal calculation is not based on the tuition, and any subsequent balance created at the College by the return of Title IV funds is the responsibility of the student.
An exception to the Federal return policy applies to students who receive a leave of absence and return to the College within 180 days. These students are exempt from the Federal return policy.
For example, if a student completely withdraws after 5 calendar days into the fall semester (which is 116 calendar days long) his/her tuition and room and board (if living in a resident hall) is to be reduced by 80%. Then, his/her Federal Title IV aid is calculated at 4% (5/116) with 96% of their Title IV aid, except CWS, to be returned to the Government programs from which they originated. If the student has a leave of absence with a School of the College and returns within 180 days, the student is exempt from this return policy. If the student does not return as anticipated after the leave of absence, then their Title IV funds must be returned. If the return of Title IV funds creates a balance at the College, the student will be responsible for that balance.
United States Bureau of Indian Affairs Aid to Native Americans Higher Education Assistance Program
Application Procedures: Application forms may be obtained from the Bureau of Indian Affairs Office. An application is necessary for each year of study. An official needs analysis from the College’s Financial Aid Office is also required each year.
Each first-time applicant must obtain tribal enrollment certification from the Bureau, agency, or tribe which records such enrollments.
Selection of Recipients and Allocation of Awards: To be eligible, the applicant must:
- be at least one-fourth American Indian, Eskimo, or Aleut;
- be an enrolled member of a tribe, band, or group recognized by the Bureau of Indian Affairs;
- be enrolled in or accepted for enrollment in an approved college or university, pursuing at least a four-year degree;
- have financial need.
Rights and Responsibilities of Recipients: For grants to be awarded in successive years, the student must make satisfactory progress toward a degree, and show financial need. Depending on availability of funds, grants may also be made to graduate students and Summer session students. Eligible married students may also receive living expenses for dependents.
Financial Aid Programs for Veterans
The New York State Higher Education Department has approved CNR for the training of veterans and the dependents of veterans under the various Veterans Readjustment Acts. For further information, contact the Associate Registrar and Veterans Affairs Liaison (914-654-5543).
Vietnam Veterans’ Tuition Awards
These New York State Awards provide up to $1,000 per semester or tuition, whichever is less, for Vietnam veterans attending full-time and $500 per semester or tuition, whichever is less, for veterans attending part-time. The veteran must be enrolled in an undergraduate program at a degree-granting institution in New York State. The total awards received cannot exceed $10,000.
Vietnam Veterans’ Tuition Supplement
This program provides financial assistance to eligible veterans matriculated in undergraduate degree programs or enrolled in approved vocational training programs on either a full- or part-time basis. To be eligible under this program, the veteran must:
- have served in the U.S. Armed Forces in Indochina between January 1, 1963 and May 7, 1975;
- have been discharged from the service under other than dishonorable conditions;
- have been a resident of New York State on April 20, 1984 or have been a resident at the time of entry into the service and resume residency by September 1, 1994;
- apply for a Tuition Assistance Program (TAP) Award; and
- apply for a Federal Pell Grant only if applying as a part-time student.
National Guard Tuition Program
A new educational incentive program of the division of Military and Naval Affairs began January 1997 for members of the Army National Guard (ARNG), Air National Guard (ANG), and Naval Militia (MNNM) in the State of New York. Guard members may be eligible if they meet specific criteria:
- enrolled full-time or part-time (at least 6 credits);
- working on first baccalaureate degree;
- attending an eligible New York institution;
- applied for a Federal Pell Grant and NYS Tuition Assistance Program (TAP); and
- maintained good drill attendance.
Students may receive up to $3,400/year ($1,700/semester) or tuition, whichever is less. Federal Pell grants and TAP awards will be deducted from tuition first, and the balance of tuition would be aid through this program. The Division of Military and Naval Affairs Educational Incentive Program Application is available from the National Guard. Students are responsible to pay the money back if they drop out of classes.
Persian Gulf Veterans’ Tuition Awards
Persian Gulf Veterans’ Tuition Awards (PGVTA) provide up to $1,000 per semester for full-time study or $500 per semester for part-time study to Persian Gulf veterans matriculated at an undergraduate or graduate degree-granting institution or in an approved vocational training program in New York State.
Amounts: Total undergraduate and graduate veterans’ tuition awards received cannot exceed $10,000.
Full-time Awards: $1,000 per semester, or tuition, whichever is less. Full-time is defined as 12 credits per semester or the equivalent.
Part-time Awards: $500 per semester, or tuition, whichever is less. Part-time is defined as 3-11 credits per semester or the equivalent.
Length of Awards: Awards are available for up to eight semesters (four years) of undergraduate study. Awards can be made available for up to ten semesters of undergraduate study for enrollment in a five-year program or for enrollment in an approved program of remedial study.
Eligibility: Students must:
- have served in the U.S. Armed Forces in the hostilities that occurred in the Persian Gulf from August 2, 1990, to the end of such hostilities, as evidenced by receipt of the Southwest Asia Service Medal, which was awarded from August 2, 1990 to November 30, 1995;
- have established eligibility by applying to HESC, Student Information, Albany, NY 12255, on or before September 1, 1998;
- have been discharged from the U.S. Armed Forces under other than dishonorable conditions;
- be matriculated full- or part-time at an undergraduate or graduate degree-granting institution in New York State or in an approved vocational training program in New York State;
- have applied for a Tuition Assistance Program (TAP) Award, if full-time by May 1, 1998; and
- have applied and met enrollment requirements for a Federal Pell Grant award for full-time or part-time undergraduate study or enrollment in an educational training program by June 30, 1998.
Students may establish eligibility by getting a Persian Gulf Veterans’ Tuition Award Supplement from the CNR Financial Aid Office, a veterans’ office, or by writing to HESC. Questions regarding eligible service or documentation of service may be answered by calling or visiting a local office of the NYS Division of Veterans’ Affairs and/or a local County Veterans’ Service Agency. Additional information is available at the HESC web site at www.hesc.com.
Reservist Education Program
This program provides educational assistance for members of the Selected Reserve and National Guard. This basic entitlement is $190 per month for full-time enrollment, up to a maximum of 36 months.
Veterans’ Benefits Chapter 32
If the student is a veteran and enrolled in a program of study, he/she may be entitled to benefits under Chapter 32 if he/she meets the following requirements:
- the participant entered active duty on or after January 1, 1977, and before July 1, 1985;
- the participant contributed money to post-Vietnam Era Veterans’ Educational Assistance Program (VEAP) while on active duty. The participant must have enrolled in and contributed to VEAP before April1, 1987;
- the participant served for a continuous period of 181 days or more (if fewer than 181 days of service, eligibility may be established if the participant was discharged from active duty because of a service-connected disability);
- generally, the participant must have completed either 24 continuous months of active duty or the full period for which he/she was called or ordered to active duty, whichever is less. This requirement does not apply if the participant was discharged or released from active duty under an early out discharge, hardship discharge, or for disability incurred in or aggravated in the service; and
- the participant was discharged or released from service under other than dishonorable conditions.
The Montgomery GI Bill Active Duty
The Montgomery GI Bill, or Chapter 30, is a program of education benefits for those who entered active duty for the first time after June 30, 1985. Also included are full-time National Guard members who served after November 29, 1989.
Eligibility: Participants must have served continuously on active duty for three years of a three-year or greater initial enlistment or, for a lesser benefit, two years of an initial duty obligation of less than three years. An individual also may qualify for full benefit by initially serving two continuous years on active duty, followed by four years of Selected Reserve service.
Also eligible for Montgomery GI Bill benefits are those individuals who had remaining entitlement under the Vietnam Era GI Bill on December 31, 1989 and served on active duty sometime during the period October 19, 1984 and June 30, 1985 and continued to serve on active duty to July 1, 1988 or to June 30, 1987 followed by four years in the Selected Reserve after release from active duty.
Veterans who served on active duty for three years, or two years active duty plus four years in the Selected Reserve or National Guard, will receive $430 a month in basic benefits for 36 months. Those who enlist for fewer than three years will receive $357 per month. Starting with fiscal year 1994, cost of living increases in the basic rates were required by law.
Eligibility requirement for those with basic Chapter 34 eligibility and who served on active duty on or after July 1, 1985; people who are eligible to receive Chapter 34 benefits on December 31, 1989, and who have remaining Chapter 34 entitlement or that date may be eligible for Chapter 30 beginning January 1, 1990. In order to be eligible, specific criteria must be met:
- the individual must have been on active duty on October 19, 1984;
- the individual must have served without a break in service from that date through June 30,1985;
- the individual must have served continuously on active duty from July 1, 1985, for three years. In lieu of this three-year requirement, the individual may qualify if he/she served two years of continuous active duty which was followed by four years in the Selected Reserve; and
- if the individual completes the required period of active duty he/she must be discharged with an Honorable Discharge.
Length of Award: In most cases, eligibility expires ten years after last discharge or release from active duty.
GI Bill Post 9/11
The Post- 9/11 GI Bill is an education benefit program for individuals who served on active duty after September 10, 2001.
Eligibility: You may be eligible if you served at least 90 aggregate days on active duty* after September 10, 2001, or were honorably discharged from active duty for a service-connected disability after serving 30 continuous days following September 10, 2001.
Note: Children of a member of the Armed Forces who died in the line of duty on or after September 11, 2001, may be eligible for Post-9/11 GI Bill benefits under the Marine Gunnery John David Fry Scholarship Program.
Benefits: You may receive a percentage of the following payments
1. A Tuition and Fee payment that is paid to your school on your behalf.
2.A Monthly Housing Allowance (MHA)** that is equal to:
• the basic allowance for housing (BAH) payable for the zip code of your school to a military E-5 with dependents for students pursuing resident training;
• one-half the BAH national average for students training solely by distance learning;
• the national average BAH for students pursuing training at foreign schools.
*includes active service as a National Guard member under title 32 U.S.C. for the purpose of organizing, administering, recruiting, instructing, or training and active service under section 502(f) of title 32 for the purpose of responding to a national emergency.
**The MHA is not payable to individuals on active duty or those enrolled at half time or less.
3. A Books and Supplies Stipend of up to $1000 per year.
If you have 100% eligiblity for the Chapter 33 Post 9/11 you may qualify for the Yellow Ribbon program.
Montgomery GI Bill Selected Reserve
Basic eligibility extends to a person who meets the following requirements:
- on or after July 1, 1985, (a) enlists, re-enlists, or extends enlistment in the Selected Reserve so that the reservist has an obligation to serve for a period of not less than six years following the date of such action, or (b) is appointed as, or serving as, a reserve officer and agrees to serve in the Selected Reserve for a period of not less than six years in addition to any other period of obligated Selected Reserve service;
- has completed the requirements of a secondary school diploma (or equivalency certificate) before completing the initial active duty for training (IADT) or before completing an re-enlistment, or extends an enlistment in order to establish eligibility for Chapter 106 benefits;
- has completed IADT;
- is satisfactorily participating in required training in the Selected Reserve;
- the last day for an eligible reservist to establish eligibility under Chapter 106 is the earlier of either (a) ten years from the date eligibility began, or (b) the date of separation from the Selected Reserve.
Non-eligible Persons: The following are not eligible for Chapter 106:
- is receiving financial assistance under section 2107 of Title 10, U.S.C., as a member of the Senior Reserve Officer’s Training Corps scholarship program; or
- has completed a program of education required for a bachelor’s degree or the equivalent.
Entitlement: An eligible reservist is entitled to a maximum of 36 months of educational assistance based upon full-time training (or the equivalent in part-time training).
A reservist who fails to participate satisfactorily in the Selected Reserve is no longer eligible for educational assistance under Chapter 106. Termination of benefits is effective the date the reservist fails to participate satisfactorily.
Veterans’ Educational Benefits
If the student has a service-connected disability of ten or more percent, he/she may be entitled to Vocational Rehabilitation under Chapter 31, Title 38, U.S.C., which usually provides more favorable benefits than other veterans’ educational benefits.
Veterans’ Education Assistance Program (VEAP)
This program is for servicepersons who entered active duty between December 31, 1976 and July 1, 1987. Participants contributed up to $2,700 to a fund administered by the Federal government. The Defense Department matches every participant’s dollar, 2 for 1. That total sum is then divided by 36, thus giving the monthly payment the participant would receive.
Educational Benefits for Veterans’ Dependents
To qualify for educational assistance, the student must be one of the following:
- a child of a veteran who died of a service-connected disability or who died while a service-connected disability, total and permanent in nature, was in existence; or
- a child of a veteran who is permanently and totally disabled as a result of a service-connected disability; or
- a child of an individual on active duty who has been listed for a total of more than 90 days as missing in action, captured by a foreign government or power.
Eligibility for educational assistance will be terminated in the event the Veterans’ Administration determines that the person on whose account benefits are claimed is no longer totally disabled or the Veterans’ Administration is notified that the person is no longer listed as captured, missing in action, or forcibly detained. However, if the student is still in school at such time, the educational assistance allowance may be continued to the end of the current semester.
Educational assistance generally will not be payable beyond the 26th birthday. There are circumstances, however, under which eligibility may continue until a later date. For specific information on educational benefits beyond age 26, the individual should phone or write any Veterans’ Administration Office or the United States Veterans’ Assistance Center.
Veterans’ Educational Loans
Recipients of Chapter 34 benefits may be eligible for educational loans if their financial resources, including educational benefits, are not sufficient to meet educational costs.
Employee Tuition Aid Benefits
Students are urged to check with their employers and parents’ employers to find out if they are eligible for tuition reimbursement.
Private and Employer Aid
Many groups, employers and foundations award aid to students. Students are encouraged to explore these aid sources. High school guidance offices and employer personnel offices are sources of information. Students who receive awards must report them to the Financial Aid Office. Federal regulations require that students who receive Federal funds may not receive a combination of funds which exceed their documented need. Thus, a student who receives a grant from an outside source may have her loan and/or employment amount in her financial aid package reduced by an amount equal to the outside grant.
The College reserves the right, upon notifying the student, to adjust a student’s financial aid in compliance with regulations which govern aid. The student is responsible for completion of all aspects of the application and award process.
Questions about the types of assistance available or about a student’s eligibility for various programs should be directed to their Campus Financial Aid Counselor.
Financial Aid for Students from Other Countries
A certificate of eligibility for a visa (Form I-20 or IAP-66) certifying that the foreign student has sufficient funds to finance at least the first year of study must be issued by the College when a student is accepted for admission, for confirmation contact the Registrar’s Office at 914.654.5543. Foreign students are not eligible to receive State or Federal financial aid funds.
There is much less institutional financial assistance available to foreign students today than in the past, as decreasing funds from outside sources have made it necessary for the College to reserve most of its aid for students who are citizens of the U.S. Therefore, foreign students should make financial preparations for meeting their entire educational costs before beginning their course of study at CNR.
More opportunities exist for aid before the prospective student leaves her home country than in the U.S.A. Before departure, the student should consult with her own government, the U.S. government, private and/or international agencies and organizations.
Financial Aid for Attendance Abroad or Visiting Another College
Students who wish to attend another college, as a visiting student, must see their academic advisor. They should then apply for financial aid at that college. Students who are unable to receive financial aid from the visited college can request that CNR consider aid for these studies. There is limited financial aid available for study at another college - Direct Loans, in some cases TAP, and a Pell Grant. To apply for financial aid from CNR to attend a visited college, the student must complete, and forward to that college, a CNR Financial Aid Consortium Agreement. After completion by the visited college, this agreement must be sent to the Dean’s Office at CNR for academic approval and then forwarded to the CNR Financial Aid Office.
Under no conditions will CNR agree to be responsible for the charges at the visited college, nor any travel or living expenses. Also, CNR will not advance any financial aid for payment of expenses. Nothing in the agreement should be implied to encourage deferment of charges by the visited college. Any financial aid that the student might receive will be sent directly to the student.
Students who are studying at another college, as part of a CNR program and pay tuition to CNR, can receive their regular financial aid, as if they were on campus. The additional expenses of travel and living can be included in their aid.
Students are encouraged to see their Financial Aid Counselor before making any plans to attend another college.
Financial Aid Appeals
Decisions on financial aid can be appealed by a student. A student should first contact their Financial Aid Counselor who originally evaluated the application for aid. If this action does not resolve the problem, the student can appeal to the Director of Financial Aid. If the problem is still unresolved, the student can appeal to the Financial Aid Committee. The decision of the FA committee will be written and sent to the student.
Financial Aid Office Hours
If you have any questions about your aid or account, please contact your SNR Campus Financial Aid Office Hours: 11 a.m. - 7 p.m., Monday - Thursday, and 10 a.m - 5 p.m., Friday. BK: 914-654-6853; CO-OP:718-320-0300; NR & YO: 914-654-5538; RP: 212-662-7996; JOC: 914-654-6619. You can also go to Banner Self Service to view your account and to receive important information regarding your financial aid and forms.
This publication is printed annually and all information is correct at the date of publication. However, certain financial aid programs, policies, and procedures may be changed due to State and Federal regulations. For confirmation of information on any financial aid programs, please contact the Office of Financial Aid.